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Geopolitical Conflicts

All articles tagged with #geopolitical conflicts

politics1 year ago

Trump Taps China Critic Mike Waltz for National Security Adviser Role

President-elect Donald Trump has asked Florida Republican Rep. Mike Waltz to serve as his national security adviser. Waltz would be responsible for addressing various geopolitical conflicts, including the Ukraine-Russia and Israel-Hamas wars, during Trump's upcoming second term. Waltz was recently seen in Palm Beach, near Trump's Mar-a-Lago resort.

businesseconomics1 year ago

"US Services PMI Surpasses Expectations, Prices Rise for 80 Consecutive Months"

The ISM services index for January 2024 exceeded expectations, with 64 percent of respondents reporting increasing prices for the 80th consecutive month. Economic activity in the services sector expanded for the 13th consecutive month, with concerns about inflation, cost pressures, and geopolitical conflicts tempering optimism about potential interest rate cuts. Fed chair Jerome Powell echoed similar concerns about inflation and geopolitical risks, emphasizing the unsustainability of the US fiscal path and highlighting geopolitical risks as the greatest threat to the world economy.